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Executive Summary

Dundee Village comprises three buildings containing 20 one-bedroom/one-bath units totaling 14,908 square feet on 0.83 acres. Built in 1950, the property features frame stucco construction representative of mid-century multifamily development in the region. Off-street parking accommodates resident and guest vehicles.
Situated in the heart of Omaha's Midtown, Dundee Village occupies one of the city's most sought-after residential corridors. This established three-building portfolio delivers consistent returns while positioned in a neighborhood with strong fundamental demographics and enduring appeal.

Property Facts

Price $1,450,000
Price Per Unit $72,500
Sale Type Investment
Cap Rate 6.91%
Gross Rent Multiplier 8.13
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.83 AC
Building Size 14,908 SF
No. Stories 2
Year Built/Renovated 1950/2020
Parking Ratio 1.61/1,000 SF
Zoning R7 - High Density Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - 745
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
3591-0000-24
Land Assessment
$229,400
Improvements Assessment
$772,600
Total Assessment
$1,002,000
  • Listing ID: 40390175

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 818 N 46th St, Omaha, NE 68132

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